Best Auto Loan Refinancing Rates for Bad Credit of September 2021

ElitePersonalFinance
Last Update: August 10, 2021

Auto loan refinancing is a great way to reduce your loan cost and pick better terms. If you spend time shopping around, you can save a lot of money.

When you refinance your auto loan, you replace your current loan with a new one from another lender. If you get a lower interest rate and keep the length of the loan the same as (or shorter than) the remaining term on your current loan, you’ll save money on interest over the life of your loan. If you extend your loan, you may be able to lower your monthly payment — even if you don’t qualify for a lower rate — but you might actually pay more in interest overall.

ElitePersonalFinance shows you the best auto loan refinancing options. Our lenders offer up to $500,000, and the APR starts at 1.99%.

Pro Tip:

When you are with an existing auto loan, always shop around every few months. There are so many attractive offers where you can qualify and save a lot of money.

Shopping around wastes a lot of time. That is why we at ElitePersonalFinance recommend that you use auto loan comparison sites. Once you apply, you will instantly get quotes from multiple lenders. The best auto loan comparison sites are SuperMoney and Credible.

Amount:

$1,000 - $100,000

Min. Credit Score:

0

APR:

From 1.90%

Amount:

$1,000 - $100,000

Min. Credit Score:

500

APR:

From 1.49%

Amount:

$5,000 - $75,000

Min. Credit Score:

620

APR:

2.24% - 21.24%

Amount:

$4,000 - $75,000

Min. Credit Score:

N/A

APR:

2.99% - 24.99%

Amount:

$5,000 - $99,000

Min. Credit Score:

575

APR:

2.05% - 29.40%

Amount:

$5,000 – $55,000

Min. Credit Score:

640

APR:

2.24% - 24.99%

Amount:

$5,000 - $100,000

Min. Credit Score:

500

APR:

2.49 - 23.99%

Amount:

$7,500 - $100,000

Min. Credit Score:

500

APR:

N/A

Amount:

$12,000 - $100,000

Min. Credit Score:

550

APR:

1.99 - 16.00%